U.S. durable goods orders slumped 4.3% in December, while excluding transportation orders fell 1.6%, the Commerce Department reported Tuesday.
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Economists polled by Thomson Reuters expected a 1.8% increase in orders and a 0.5% gain excluding transportation.
In November, orders grew a revised 2.6%, first reported as a 3.5% increase, while excluding transportation sales grew 0.1%, initially reported as a 1.2% gain.
Excluding defense orders fell 3.7% in December after a 2.7% rise in November.
Transportation equipment orders slid 9.5% in the month.
